Thinking about purchasing a Ledger Nano Hardware Wallet? Browse their official website: https://www.ledgerwallet.com/r/67ef
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LINKS FOR ADDITIONAL READING FOR THIS VIDEO & ALL INFO IN TEXT DOWN BELOW
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Decred Website: https://decred.org/
Decred 2017 Roadmap: https://blog.decred.org/2017/01/09/2017-Decred-Roadmap/
Bitcointalk Info on Decred: https://bitcointalk.org/index.php?topic=1290358.0
Youtube video how to hard fork vote: https://youtu.be/gdLdOYZxY9k
This coin is currently number 15 on coinmarketcap.com.
The total supply of Decred is 5,085,377, with the actually circulating supply at 4,665,377. The market cap of decred is 51 million
Decred utilizes hybrid proof of work/proof of stake by using a decentralized lottery to select proof of stake miners to vote on proof of work blocks.
Decred allows for cold staking and decentralized stake pooling. This allows you to generate new coins through proof of stake mining without the risk of having your coins online. Because the decred proof of stake mining system was designed with decentralized stake pooling in mind, this gives you the chance to participate in validating the network even if you have a small amount to stake.
Decred also has a cool internal voting system put in place for the addition of new features and hard or soft fork selection. So this means that both Proof of work and proof of stake miners can vote for features and issues through bit flags. This provides a sensible mechanism for resolving disputes about the features of the blockchain